HND Business Level 5: Business Decision Making Through Data Analysis

This report presents a data-driven analysis of Food for Friends' sales and profit trends over a 10-year period (2007-2017). The analysis includes a trend line graph that illustrates the restaurant's favorable growth, positive revenue, and effective management strategies. The upward trajectory of both s...Read More

Business Decision
Making

Business plans
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
0
500
1000
1500
2000
2500
Sales
Profit

Interpretation
 As per the graph it can be interpreted that Food for
Friends will going to have favourable growth in
future.
 The profit gained by this restaurants as per the data
based on 10 years of observation.
 It can be said business has earned positive revenue as
compare with its sales.
 It describes that organisation is able to meet its cost
occurred on serving the society as well as make good
financial gains.

Trend line graph

Interpretation
 As per the trend line graph based on the sales and
revenue generated by food for friends in 10 years.
 The line goes in upward direction which indicates
that policies and strategies made by the managers are
effective.
 Increase in sales and simultaneously increase in
profits shows the capability of restaurant in meeting
all expenditures and having positive results.

REFERENCES
Sibai, A. M. and et.al., 2016. Potential use of telephone surveys for non-
communicable disease surveillance in developing countries: evidence from a
national household survey in Lebanon. BMC medical research methodology.
16(1). p.64.
Vanauken, H. E., Ascigil, S. and Carraher, S., 2016. Turkish SMEs’ Use of
Financial Statements for Decision Making. The Journal of Entrepreneurial
Finance. 19(1). p.6.
Willoughby, K. A. and Teare, G. F., 2017. How Big Should My Dot Be? Using
Spreadsheet Simulation to Evaluate Process Improvement Data Collection
Strategies. INFORMS Transactions on Education.

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